External balance on goods and services in Pre-demographic dividend
Pre-demographic dividend: External balance on goods and services was -1.5% in 2024. ◆ Volatile
External balance on goods and services in Pre-demographic dividend, 1990–2024
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in % of GDP.
Analysis
In 2024, external balance on goods and services in Pre-demographic dividend stood at -1.5%.
That represents a change of down 390.7% on the previous year and down 180.1% over ten years.
Over the whole period, external balance on goods and services in Pre-demographic dividend peaked at 6.0% in 2000 and was at its lowest, -5.0%, in 1991.
Pre-demographic dividend ranks 29th of 44 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External balance on goods and services in Pre-demographic dividend, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1990 | -1.0% | — |
| 1991 | -5.0% | +415.3% |
| 1992 | -3.5% | -30.9% |
| 1993 | -2.1% | -39.2% |
| 1994 | -2.0% | -6.6% |
| 1995 | -1.8% | -7.7% |
| 1996 | -1.9% | +4.6% |
| 1997 | 0.7% | -137.6% |
| 1998 | 0.0% | -96.7% |
| 1999 | 1.7% | +6981.9% |
| 2000 | 6.0% | +254.6% |
| 2001 | -0.9% | -115.1% |
| 2002 | 1.6% | -280.9% |
| 2003 | -2.1% | -229.3% |
| 2004 | -1.3% | -40.3% |
| 2005 | 0.2% | -118.0% |
| 2006 | 4.5% | +1895.8% |
| 2007 | 4.4% | -3.2% |
| 2008 | 5.6% | +27.6% |
| 2009 | -2.4% | -142.1% |
| 2010 | 1.7% | -170.5% |
| 2011 | 4.6% | +178.5% |
| 2012 | 3.5% | -24.4% |
| 2013 | 0.8% | -77.4% |
| 2014 | -0.5% | -165.6% |
| 2015 | -4.3% | +718.7% |
| 2016 | -3.5% | -17.1% |
| 2017 | -0.9% | -73.2% |
| 2018 | 1.6% | -265.8% |
| 2019 | -0.3% | -119.4% |
| 2020 | -2.5% | +715.9% |
| 2021 | 1.2% | -150.0% |
| 2022 | 2.8% | +129.1% |
| 2023 | -0.3% | -110.4% |
| 2024 | -1.5% | +390.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -1.5% | -5.0% | 1.7% | 10 |
| 2000s | 1.6% | -2.4% | 6.0% | 10 |
| 2010s | 0.3% | -4.3% | 4.6% | 10 |
| 2020s | -0.0% | -2.5% | 2.8% | 5 |
Countries ranked near Pre-demographic dividend
- 26 Aruba 7.8% compare
- 27 South Sudan 7.8% compare
- 28 Zambia 7.4% compare
- 29 Azerbaijan 6.2% compare
- 30 Costa Rica 6.2% compare
- 31 Viet Nam 6.2% compare
- 32 Kazakhstan 6.0% compare
More economy & growth data for Pre-demographic dividend
- Services, value added (current US$), per capita 711.12 current US$ per person (2025)
- Industry (including construction), value added (current US$), per 399.07 current US$ per person (2025)
- Industry (including construction), value added (constant 2015 US$) 2.53 % change on previous year (2025)
- Industry (including construction), value added (constant 2015 US$) 0.2402 constant 2015 US$ per US$ of GDP (2025)
- Industry (including construction), value added (constant 2015 US$) 353.14 constant 2015 US$ per person (2025)
- Services, value added (current US$), annual growth rate 13.41 % change on previous year (2025)
- Services, value added (current US$), per unit of GDP 0.4837 current US$ per US$ of GDP (2025)
- GDP 1.65 trillion constant 2015 US$ (2025)
- GDP 1.67 trillion current US$ (2025)
- Gross value added at basic prices (GVA) 1.58 trillion constant 2015 US$ (2025)
Frequently asked questions
- What is external balance on goods and services in Pre-demographic dividend?
- External balance on goods and services in Pre-demographic dividend was -1.5% in 2024, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest external balance on goods and services recorded in Pre-demographic dividend?
- The highest recorded value was 6.0% in 2000.
- What is the lowest external balance on goods and services recorded in Pre-demographic dividend?
- The lowest recorded value was -5.0% in 1991.
- How does Pre-demographic dividend rank for external balance on goods and services?
- Pre-demographic dividend ranks 29th out of 44 groups with data for 2024.
- Is external balance on goods and services rising or falling in Pre-demographic dividend?
- Over the last ten years it is down 180.1%. The long-run trend across the full record is volatile.
- Where does this Pre-demographic dividend data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of External balance on goods and services (% of GDP). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.